Layla earns wages of $36,000 per year. She qualifies for about $8,000 in housing credits, which raises her overall income to $44,000. Housing credits are withdrawn for anyone earning more than $40,000 per year. a. If Layla earns an extra $5,000 per year, her overall income would (Click to select) by $ b. Now suppose instead that housing credits are withdrawn gradually at a rate of $500 per each $1,000 that someone is earning above the wage limit of $28,000 per year. If Layla again earns an extra $5,000 per year above her original wage of $36,000 per year, how large would her housing credits be
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Layla earns wages of $36,000 per year. She qualifies for about $8,000 in housing credits, which rais...
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